Four Trends for China’s High-power LED Market
1. LED downstream product turns to indoor lighting
LED products can significantly reduce energy consumption, which suits the development requirement of China’s energy saving policy. So, backed by the government, high-power LED Street light has become the focus for infrastructure investment by local governments. However, with the continuous the deepening of energy saving concept, LED application will gradually turn to civic lighting from government engineering; and segments stand out in the LED industry.
2. LED lighting chip improves lumens technology and lower requirements for product power
With the increase of lumens for LED lighting products (the higher the lumens per watt is, the brighter the product is), product power with same lumen efficiency will gradually declines.
3. LED driver power products move to modular and intelligent trends
Currently, parts of high-power LED driver power products are still in the constant current module stage with supporting of constant voltage source. As users pose higher requirement for product performance and appearance, constant voltage source with supporting of constant current module will be replaced by constant voltage and constant current integrated modular products, which also will increase intelligent control function.
4. International market displaces Chinese domestically market
Since high-power LED power is mainly available to street light, landscape and other public lighting areas; affected by international financial crisis and the debt crisis in Europe and America, investment and growth in the fields of LED lighting by foreign enterprises is limited, so product sale will focus on Chinese domestic market. But with the banning on incandescent as well as promotion of LED lighting products, international markets will gradually expand. The rapid development and the industry integration of LED lighting companies in recent years will do good to China’s entry into international market.